Budget highlights :
👉Permit Raj will be abolished by the government.
👉PF intt rate will be @ 8.33% in first three years.For new employees in PF , government will be paying for EPF for first three years
👉100 % FDI in agriculture
👉1 crore youngsters will be getting skill certificate for three years .
👉exemption from tax under section 80 JJA for factory employees.
👉INR 97000 crore will be invested for grmin udyog
👉Farmers income is decided to make it double till the year 2022.
👉Electricity will be reached to 5542 villages from 1st April onwards
👉INR 38500 crore is allocated for Manrega.
👉1500 skill school will be opened.
👉From 1st May onwards electricity will be provide to all the villages.
👉No change in income tax slab
👉Rs. 3000/- extra deduction for income upto 5 lacs
👉audit limit has been proposed to Rs.2 crore from 1 crore
👉for first time home buyer , extra tax relief of Rs. 50000/- on interest on housing loan for home loan upto 35 lac ( when house property value is not exceeding 50 lacs)
👉cess increase from 12% to 15% for income more than 1 crore
👉'limited period window 'will be introduced for declaration of black money @45% without any legal suit and action
👉0.5% cess fir KRIshi Kalyan
👉 luxury car of value m cressore than 10 lacs will be more expensive
👉diesal car and vehicle will be costlier
👉incentives has been introduced for housing sector
👉tax holiday for start up for 3 years
👉tax friendly measures have been taken for solving tax related pending disputes.
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